Viet Nam Human Rights
»
Analysis-Comment
»
home
»
News
»
Vietnam in top 10 world’s best places for expats
Vietnam in top 10 world’s best places for expats
Vietnam is ranked the 10th best place in the world
for expats, according to the recently released 2021 Expat Inside
Survey by InterNations, considered the biggest global expat community.
The survey delivers insights on 12,420 respondent expats’ satisfaction with the
local quality of life, ease of settling in, working life, personal finance, and
cost of living in 59 countries.
All three places in Asia – Vietnam (10th place), Malaysia (4th), and Taiwan
(1st) – got the thumbs up from the expat
community for the local cost of living and impacts on
personal finances, but other indices vary.
Vietnam comes first in the personal
finance index and the cost of living index, and has
consistently been among the top 10 since 2014.
“Three-quarters of expats in Vietnam (75 percent) say that their disposable
household income is more than enough to cover everything they need for daily
life (versus 52 percent globally). In fact, 90 percent say it is enough or more
than enough (versus 77 percent globally),” the survey reads.
Nine percent of expats in Vietnam say their gross income is more than 250,000
USD a year – compared to 3 percent globally, which is attributed to the fact
that 45 percent of expats here move to the country for job-related reasons.
For the Working Abroad Index, Vietnam got 9th place, after Taiwan in 1st
place, mainland China in 4th, but ahead of Norway (11th), Sweden (20th) or
Singapore (30th).
The survey includes a quote from an US American expat stating: “I like the
cheap cost of living, friendly people, good food, relaxed atmosphere.”
The Quality of Life index in Vietnam was poorly rated, ranking only 53rd
globally, with problems like air quality, water and sanitation infrastructure,
plastic pollution appearing to be among the highest concerns.
However, the lion’s share of the expats in Vietnam (85 percent) still sees
their life in the country as “generally happy,” higher than the 75 percent
globally.
In the subsets for life quality index, some figures are worth mentioning –
personal happiness of expats in Vietnam is at 15th position globally, while
feeling of safety and security is at 31st, health and well-being at 46th,
whereas travel and transportation, digital life and environment quality are
towards the bottom of the ranking – at 51st, 54th and 57th respectively,
according to the report.
Regarding the Ease of Settling In index, Vietnam was ranked 25th globally,
lower than Mexico (1st), regional peers like the Philippines (7th), Taiwan
(13th), Thailand (20th) and Singapore (22nd), but higher than places like the
USA (26th), the United Kingdom (31st), Hong Kong or mainland China (at 38th and
39th).
In the index, Vietnam secured ninth place for ease in making local friends./.
Popular Posts
-
Religion is a part of the spiritual life in society, this phenomenon of the superstructure has been strongly changed with economic - social... -
Vietnam has just done well for the second cycle of Universal Periodical Review (UPR) in Geneva, Switzerland. So, what’s the UPR? an... -
Thai people in Shutdown Bangkok protests Not until this crisis, we have realized the ne... -
Representatives from foreign countries congratulate Viet Nam on its election to the Human Rights Council for the first time on November ... -
A street flowers vendor in Hanoi Another new spring has come to Vietnam, bring... -
If nothing changes, there will be a preferential credit program with hundreds of thousands billion of capital for agriculture and r... -
Recently, several anti-governmental individuals have established series of illegal groups and organizations in the name of civil soci... -
Radio Free Asia (RFA) is a private, nonprofit international broadcasting agency of the United States government that broadcasts and...
All comments [ 14 ]
Business Insider, an American financial and business news website, has published an article on the 10 cheapest places for US expats living abroad, with Vietnam’s Ho Chi Minh City topping the list.
In southern Vietnam, Ho Chi Minh City offers the bustle of a vibrant city without the high price tag you might find in the US.
Expats said they were satisfied with their jobs in general (6th) and were pleased with the status of the city’s economy (81 percent compared to 63 percent globally) and their work-life-balance (72 percent compared to 64 percent globally).
The country has been praised for its people’s friendliness, with 79 percent of expats rating their attitude towards foreign residents as generally friendly and sincere (compared to 66 percent globally).
InterNations, an expat network that publishes annual rankings on the world’s best and worst countries, asked more than 15,000 expats to rank the best cities in the world to live, work and make friends in 2020.
For expats looking to save money, Vietnam is a financial paradise.
Vietnam is a country that beckons expats from all walks of life to jump right into the middle of the action.
Expats living in Vietnam consistently report more savings, more expendable income, and lower expenses than almost any other country in the world.
Housing in Vietnam is incredibly easy to come by as cities like Ho Chi Minh are rapidly expanding, with new houses and apartments flooding real estate listings daily.
Street food in Vietnam is the cheapest way to go, with a delicious and freshly-prepared bowl of noodles usually averaging less than $2 US! Gone are the days where eating out is a luxury.
With less money spent on cost of living, most expats in Vietnam experience unparalleled financial freedom, allowing them to travel more often, repay debts like student loans, and set aside money for retirement.
Vietnam is also a fantastic place to build a career, and though most expats teach EFL for a living, there is a growing and thriving community of expats in a variety of professional fields such as business marketing and advertising, graphic design, hospitality, physical and mental well-being, real estate, non-profit organizations, small business ownership, and many more.
The nation’s education system is expanding and improving rapidly as well, with new job openings not only at traditional schools, but increasingly popular language centers offering classes on weekday evenings and weekends.
Fortunately, foreigners living in Vietnam report very little compromise for the incredibly low cost of living and comparably high salary. In major urban centers like Saigon, Hanoi, and Da Nang, there is no shortage of modern amenities like convenience stores, grocery stores, and shopping malls stocked with familiar Western brands and products.
Your comments